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Gasoline Futures Follow Oil Higher

Benzinga 13 years ago

FuturesTechnicalsCommoditiesIntraday UpdateMarketsTrading Ideas

After making a double bottom at 2.71 area on Tuesday and Wednesday, Gasoline futures have traded as high as 2.7682 before retreating. Above that level, there may be major resistance at Tuesday's high of 2.8043. Since making the high, the contract traded as low 2.747 before resuming the rally.

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